Aaargh I was working on 1:25, it's 1:20! doh
So 5% times 75c, plus 15% times 1.25 ... 22.5% not 18%
More $ ... Every $1 you have now (today at $1) in RAC needs 22.5c more to exercise both options.
Ann: Bonus Options Prospectus, page-53
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